normal_post - BILECO AGMA 2019 - Philippine Provinces Author Topic: BILECO AGMA 2019  (Read 906 times)

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« on: October 20, 2019, 07:50:02 AM »
Press Release

NEA Administrator Edgardo Rama Masongsong pointed out the importance of empowering member-consumer-owners  (MCOs) in his keynote speech during the opening program of the 32nd Annual General Membership Assembly (AGMA) held at BiPSU Gymnasium today, October 19.

With over 5,000 member-consumer-owners, the NEA Administrator presented the  plan to create the ECCO BANK that will be owned by the ECs nd MCOs. According to Admin Masongsong, this will mobilize resource from the electricity consumers in order to finance rural development programs and reinforce President Rodrigo Roa Duterte's AmBisyon Natin 2040 with the aim to improve and uplift the quality of life of every Filipino family.

Meanwhile, he also mentioned on the NEA's 7-point agenda particularly in prioritizing the empowerment programs for the electric consumers. 

Admin Masongsong concluded his speech by challenging every MCOs to support the goals and advocacies of the National Electrification Administration (NEA). He also congratulated the BILECO management for having been awarded as a Triple A electric coop for the year 2018 and for successfully conducting the 32nd AGMA this year.


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